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Infrastructure Investors Have Smaller, More Selective Appetites

LBO Wire ,

Keenan Skelly,

July 10, 2009,

(c) 2009 Dow Jones & Company, Inc.

In the wake of the collapse of the Midway Airport privatization deal, infrastructure investors say there are some new rules in their sector. Large deals are out. Heavily leveraged deals are out. In fact, anything that's not a monopoly - or even anything that might lose monopoly status - is out.